As announced in December, Canada Post is introducing a new tiered pricing structure for domestic and international letters. On March 31st, the price of Permanent (or “P”) stamps bought in booklets, coils and panes will be 85 cents per stamp, up from 63 cents. A 22 cent stamp will be available as make-up postage for letters using previously purchased 63 cent stamps. Permanent stamps, identified with the letter P in place of a value, will continue to be accepted. Customers who wish to purchase a single stamp will pay $1. This represents about two per cent of all stamp purchases. The typical Canadian household buys fewer than two stamps per month which means an estimated additional household cost of less than $5 per year.